San Luis De Huancapi Group


Status: Paid Back

$1,800.00   Loan Request
$1,800.00   Paid Back

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: San Luis De Huancapi Group
Group Members: Edith Avencia
Ana Gudelia
Vanessa
Alicia
Zenaida
Erika
Georgina
Sonia
Prudencia
Rayluz
Cleotilde
Location: Ayacucho, Peru
Activity: Retail

About the Loan

Loan Amount: $1,800.00
Loan Use: To buy groceries, gasoline, diversifying a business.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 2, 2009
Date Disbursed: May 30, 2009
Date Funded:Jun 21, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9700 PEN = 1 USD



The members of the “San Luis de Huancapi” are from the district of Huancapi, Province of Victor Fajardo, which is located 4 hours outside the city of Ayacucho. The principle activities of the region are raising livestock, commercial enterprise and agriculture.

Ana is a single mother of an 8-year-old son. Ana has a store in her house where she sells basic groceries. She also sells gelatin desserts that she makes herself. She needs a loan of 200 soles that she will invest in buying groceries. Ana’s dream is to expand her business and she dreams that her son will become a professional.

Alicia lives with her partner and she does not have children. Alicia sells cosmetics from catalogs. Alicia needs a loan of 200 soles to invest in a new business of making picarones (sweets made with flour and sweet potato). Alicia’s dream is of expanding her business and having a pharmacy.

Georgina lives with her parter and she has three children. Georgina sells gasoline in her district, a business that she has developed little by little. Georgina needs a loan of 1000 soles to invest in buying gasoline. Georgina’s dream is to expand her business and to secure the future of her children.





About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for San Luis De Huancapi Group


Loan has been disbursed
 
Entrepreneur: San Luis De Huancapi Group
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to San Luis de Huancapi Group, consisting of Edith Avencia , Ana Gudelia , Vanessa , Alicia , Zenaida , Erika , Georgina , Sonia , Prudencia , Rayluz , Cleotilde by FINCA Peru in Peru. We are excited to watch this business grow. Over the 5 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Jun 22, 2009
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Kiva Help Repayment Schedule for San Luis De Huancapi Group

  Expected Repayments Actual Repayments Comments
August 2009 $300.01 $300.01 Repayment Received
September 2009 $300.01 $300.01 Repayment Received
October 2009 $300.01 $300.33 Repayment Received
November 2009 $300.01 $299.69 Repayment Received
December 2009 $300.01 $599.96 Repayment Received
January 2010 $299.95 Available Jan 1 Repayment Received